CROAT's current price is $ 0.00071886. Over the past 24 hours, it has increased by +0.00%.
CROAT is a virtual cryptocurrency based on the Cryptonote algorithm. Despite not being a major technical innovation in terms of noticeable changes in the algorithm, CROAT’s main aim was to be a product of Catalonia, designed to be used and governed by the people, contributing benefits directly to the people.
CROAT was developed and launched by a group of ordinary people who were passionate developers with Catalonia at heart. These individuals had diverse political views, but they came together with the common goal of creating the CROAT cryptocurrency. Their objective was to produce a tool that worked for the people and represented them.
Using the Cryptonote algorithm as its foundation, CROAT operates in a technologically similar manner to other cryptocurrencies. The creators aim was not to showcase massive technical changes but rather to provide a tool beneficial to the Catalan people, unrelated to any institutional or organisational affiliations.
CROAT is unique in its cultural and historical symbolism. It was named after one of the most widely used and enduring coins in Catalan history and it aims to bring this historical Catalan coin back into the future in the form of a digital cryptocurrency. Beyond purely economic applications, CROAT as an altcoin has historical, cultural and personal significance for its users.
The total supply of CROAT is 100.5M, of which is currently in circulation.
As CROAT operates on the Cryptonote algorithm, its network security mirrors that of other Cryptonote-based cryptocurrencies. The specifics of its security methods are not detailed but typically, Cryptonote-based cryptocurrencies use advanced cryptographic techniques to ensure transaction anonymity, integrity, and security.
CROAT is currently being traded on Bisq, STEX. Ensure that you have done comprehensive research and understand the specifics of the trading platform before you begin trading CROAT. It should also be noted that while securing your cryptocurrencies, storing them in an offline, hardware wallet tends to be the most secure method.
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